489 Jurong West Avenue 1 640489, Hong Kah, West Region, Singapore
$500,000
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$415,027
S$375 psf
Asking Price
S$500,000
S$451 psf
vs Market
+20.5%
vs Last Done
0.0%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Lakeside
882m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$451
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$375
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 489 JURONG WEST AVE 1 Floor 04 TO 06 | 1,109sqft | S$500,000 | ▲S$451 +20.3% vs FV | 99yr from 1984 |
Apr 2026 | Blk 489 JURONG WEST AVE 1 Floor 04 TO 06 | 1,109sqft | S$500,000 | ▲S$451 +20.3% vs FV | 99yr from 1984 |
Blk 489 JURONG WEST AVE 1
Apr 2026 · Floor 04 TO 06
+20.3% vs FV
Blk 489 JURONG WEST AVE 1
Apr 2026 · Floor 04 TO 06
+20.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Jurong West, estimated at $415,027 or $375 PSF, reflects a significant market signal, indicating a value that is approximately 20.5% above the baseline. This premium positioning suggests a heightened demand for properties in this locale, potentially driven by Jurong West's ongoing urban development and infrastructure enhancements. Such dynamics often attract homebuyers seeking not only a residence but also a sound investment opportunity, particularly in areas projected for future growth.
However, it is essential to approach this valuation with caution, as the model confidence is rated low, primarily due to reliance on a limited dataset with only one recent HDB resale transaction in the vicinity. This lack of transactional data may obscure broader market trends and create volatility in valuations. Furthermore, with a remaining lease of 57 years, potential buyers should consider the implications of lease duration on long-term value retention. In conclusion, while the property exhibits attractive pricing relative to current market conditions, careful scrutiny of the broader market dynamics and leasehold considerations is advisable for prospective investors.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.